Thinking About Growing Commercial Marijuana...

[HFS]

If it decriminalizes, you will see Big Tobacco buy everything. Altria (MO) is foaming at the mouth for this to happen.

The late Malcolm Berko wrote a syndicated newspaper column where people wrote and asked for financial and investing advice.
Some years ago when a couple of states had legalized marijuana, somebody asked him for specific, publicly traded companies that would be good to own stock in (so as to cash in on all the money heading into the pot business).
As I remember Mr. Berko replied in his column that any specific company he suggested would be pure speculation at that point.
Berko said he had asked some folks in D.C. and NYC for their opinions on the long term prospects of investing in marijuana and he was told that when the dust finally settles, either Big Pharma or Big Tobacco will control the pot industry in this country.
I tend to agree. I think the Big Businesses will buy off the federal and state legislators and will get the laws tailored to pretty much exactly what they want.

 

[Shoot Summ]

The late Malcolm Berko wrote a syndicated newspaper column where people wrote and asked for financial and investing advice.
Some years ago when a couple of states had legalized marijuana, somebody asked him for specific, publicly traded companies that would be good to own stock in (so as to cash in on all the money heading into the pot business).
As I remember Mr. Berko replied in his column that any specific company he suggested would be pure speculation at that point.
Berko said he had asked some folks in D.C. and NYC for their opinions on the long term prospects of investing in marijuana and he was told that when the dust finally settles, either Big Pharma or Big Tobacco will control the pot industry in this country.
I tend to agree. I think the Big Businesses will buy off the federal and state legislators and will get the laws tailored to pretty much exactly what they want.

I've said this for a while as well. I know some growers, their counter to this is that much like micro-brewers cater to a specific demographic that like unique beers, there will also be a lane for boutique growers that provide unique products and not the mainstream commercial product.

 

[Okiedog]

Your welcome to come to southern Ok, but good luck finding a corner to start your operation. I personally know of 5 large highly automated growers within 15 minutes of my house and several more just a bit farther. One has put in a private rv park strictly for his employees. Be very careful, but I'm guessing a lot of money will be lost in the near future.

 

[Shadowrider]

If it decriminalizes, you will see Big Tobacco buy everything. Altria (MO) is foaming at the mouth for this to happen.

Yep. They've already taken over the vape industry. They have the money, the legal staff, the "business methodology" and the infrastructure in place to do it.

 

[TwoForFlinching]

Grow houses are crazy.

 

[THAT Gurl]

Grow houses are crazy.
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Good for you. I remember when OSA was just positive you were gonna go straight to jail ... (And that was the good thing that was gonna happen to you. Haha!)

 

[dennishoddy]

Saw a news clip today that said the House of Rep in Washington is pressing forward to federally legalize Mary Jane.

 

[sedona]

The late Malcolm Berko wrote a syndicated newspaper column where people wrote and asked for financial and investing advice.
Some years ago when a couple of states had legalized marijuana, somebody asked him for specific, publicly traded companies that would be good to own stock in (so as to cash in on all the money heading into the pot business).
As I remember Mr. Berko replied in his column that any specific company he suggested would be pure speculation at that point.
Berko said he had asked some folks in D.C. and NYC for their opinions on the long term prospects of investing in marijuana and he was told that when the dust finally settles, either Big Pharma or Big Tobacco will control the pot industry in this country.
I tend to agree. I think the Big Businesses will buy off the federal and state legislators and will get the laws tailored to pretty much exactly what they want.

Malcolm Berko was a smart guy.I read his articles in the daily Oklahoman for years.I have owned Phillip Morris (PM) for quite a while and it has a nice dividend.Something like $4.56.I use to tell my friends that smoked to always smoke Marlboro.One asked if it was better for him, I told him no it will kill you, but it is better for me.

 

[sedona]

I am also hoping weed is legalized on a federal level.If the democrats are stoned maybe they will eat pizza and leave us alone.

 

[HFS]

I am also hoping weed is legalized on a federal level.If the democrats are stoned maybe they will eat pizza and leave us alone.

It's been said that when legalization of pot is on the ballot, it brings out more Dem voters to the polls.